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MSWG: SGX move on delisting of companies worth considering

PETALING JAYA: The move by the Singapore Exchange (SGX) to allow independent shareholders, including minority ones, a better exit value is worth considering in the context of Malaysian delisting rules, according to the Minority Shareholders Watch Group (MSWG).


PetChem, Tenaga lead KLCI lower

KUALA LUMPUR: Bursa Malaysia ended down on Tuesday as investors fretted over slower growth in China and the corporate earnings in the US to gauge the health of the world’s biggest economy.


Stocks down but recover from post-election slump

THE first-half of the year has been eventful, to say the least. With external pressures from an ongoing trade war between the United States and China influencing equities throughout the world, many markets felt the brunt of uncertainty.


KLCI starts week on weaker note as Tenaga, Sime Plant fall

KUALA LUMPUR: Investors took some money off the table early Monday on concerns about the geopolitical risks, with Tenaga Nasional and Sime Plantation among the bigger decliners.


Higher cement prices needed to help producers stay afloat

PETALING JAYA: The Cement and Concrete Association of Malaysia (C&CA) has defended the recent proposal by cement manufacturers in Malaysia to raise cement prices, pointing out that the move is necessary to keep the companies afloat operationally.


Cement price not cause of rising home prices, industry says

KUALA LUMPUR: Cement price, which has been on the decline since 2016, is not the cause of the rising home prices over the period, the Cement and Concrete Association of Malaysia said on Thursday.